Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Penetanguishene. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $950,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to the beautiful Gilwood Park neighborhood in Penetanguishene. This lovely open concept bungalow boasts almost 2,500 square feet of living and entertaining space. Open concept updated kitchen with spacious island overlooks living room with stone gas fireplace. Your choice of 2 or 3 bedrooms on the main floor plus one on the lower level; 3-bathrooms; main floor laundry with access to generous double garage; primary bedroom with his/her closets and a convenient ensuite. The fully finished basement includes a huge family room/office space, bedroom, bathroom and plenty of storage areas. Outside, the private, expansive lot features an entertainer's deck, a lower patio with hot tub, and a fire pit area for endless summer fun. With Georgian Bay water access just around the corner and local amenities a short drive away, this property offers the perfect blend of tranquility and convenience. Septic is in the front so plenty of back and side yard for a pool if desired. Don't miss your chance to call this place home!
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Beach, Golf, Greenbelt/Conservation, Lake Access, Marina, Place Of Worship
Air Exchanger, Auto Garage Door Remote, Bar Fridge, Generator - Partial, Sauna, Sewage Pump, Storage, Storage Area Lockers, Water Treatment, Water Softener, Primary Bedroom - Main Floor
Carbon Monoxide Detectors, Smoke Detector
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 229 Gilwood Park Drive, Penetanguishene, ON L9M 1Z4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Penetanguishene.
About Purchasing a Home in Penetanguishene, ON
For a property listed at $950,000 in Penetanguishene, the legal minimum down payment is $70,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $15,475 for this transaction. As this listing is in Penetanguishene (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $15,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.